AJ Impact

Turkey's central bank surprises with another deep rate cut

Bold move comes as lira stabilises and Turkey emerges from recession.

Turkey's central bank surprises with another deep rate cut

Africa

On brink of 'man-made' starvation, Zimbabweans struggling to cope

Shifting policies on land reform and food subsidies by successive governments have contributed to the dire situation.

On brink of 'man-made' starvation, Zimbabweans struggling to cope

AJ Impact

China's consumer prices soar, but producers see continued slump

A sharp increase in pork prices masked weak domestic demand as China struggles to boost flagging economic growth.

China's consumer prices soar, but producers see continued slump

AJ Impact

Petrol rationing and price hikes take Iranians by surprise

Drivers in Iran were caught off-guard by snap plan that includes a steep increase in the cost of motor fuel.

AJ Impact

Two years after coup, Zimbabweans still long for economic change

As the country grapples with another economic crisis, some wonder what has changed since Mugabe was ousted from power.

Two years after coup, Zimbabweans still long for economic change

AJ Impact

Chile central bank to offer up to $4bn to facilitate liquidity

Central Bank President Mario Marcel said the country's fiscal position remained 'solid' despite the peso's volatility.

Chile central bank to offer up to $4bn to facilitate liquidity

AJ Impact

US Fed Chairman: 'Monetary policy is in a good place'

Powell says he is satisfied with current interest rates but flags economic risks from slowing growth, trade disputes.

US Fed Chairman: 'Monetary policy is in a good place'

AJ Impact

Can the new Zimbabwean dollar relieve a chronic cash crunch?

On Tuesday, the long-awaited, next-generation Zimbabwean dollar finally hit the streets.

Can the new Zimbabwean dollar relieve a chronic cash crunch?

AJ Impact

'Where's the money?': Zimbabwe's new banknotes fail to arrive

Banks say there is no communication from central bank on fresh tender intended to ease cash crunch and combat inflation.

'Where's the money?': Zimbabwe's new banknotes fail to arrive

AJ Impact

Burned by last crisis, Zimbabweans seek to shelter savings

Hyperinflation wiped out pensions a decade ago, but this time around, savers and fund managers are getting savvier.

Burned by last crisis, Zimbabweans seek to shelter savings

AJ Impact

West African CFA-Franc nations plan to move reserves from France

Regional central bank to manage the reserves and distribute them to partners around the world, says Benin's president.

West African CFA-Franc nations plan to move reserves from France

AJ Impact

Zimbabwe's government workers want wages pegged to US dollars

Unions say salaries tied to United States currency is the way to cushion public-sector employees against hyperinflation.

Zimbabwe's government workers want wages pegged to US dollars

AJ Impact

Zimbabwe is getting another 'new' currency

The new currency will have denominations with a maximum value of $0.25, says Zimbabwe's central bank chief.

 Zimbabwe is getting another 'new' currency

AJ Impact

Egypt's annual inflation eases to lowest in almost seven years

Egypt has one of the world's highest real interest rates, making its debt attractive for investors chasing yields.

Egypt's annual inflation eases to lowest in almost seven years

AJ Impact

Argentines escape economic pain with film about past crisis

As Argentina's economy buckles, people flock to see Heroic Losers - a film set during the 2001 financial meltdown.

Argentines escape economic pain with film about past crisis